Renault: stalls around 37.5E, misses the target of 38 and 39E


(CercleFinance.com) – Renault stalls around 37.5E: the stock misses the target of 38 and 39E while there were few graphic obstacles after crossing 35.5E (ex-support of March 20 and 24 ).
Below 35.4E, the title would find itself weakened and the objective of 39E postponed to a later date.
The main short-term support is around 33.7E… and the current reversal pattern validates a consolidation scenario towards 33.5E.

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